Property

Paterson City, NJ 07505 153-155 Ellison St

153-155 Ellison St Paterson City, NJ - Image 1153-155 Ellison St Paterson City, NJ - Image 2153-155 Ellison St Paterson City, NJ - Image 3
32 more
153-155 Ellison St Paterson City, NJ - Image 4153-155 Ellison St Paterson City, NJ - Image 5153-155 Ellison St Paterson City, NJ - Image 6153-155 Ellison St Paterson City, NJ - Image 7153-155 Ellison St Paterson City, NJ - Image 8153-155 Ellison St Paterson City, NJ - Image 9153-155 Ellison St Paterson City, NJ - Image 10153-155 Ellison St Paterson City, NJ - Image 11153-155 Ellison St Paterson City, NJ - Image 12153-155 Ellison St Paterson City, NJ - Image 13153-155 Ellison St Paterson City, NJ - Image 14153-155 Ellison St Paterson City, NJ - Image 15153-155 Ellison St Paterson City, NJ - Image 16153-155 Ellison St Paterson City, NJ - Image 17153-155 Ellison St Paterson City, NJ - Image 18153-155 Ellison St Paterson City, NJ - Image 19153-155 Ellison St Paterson City, NJ - Image 20153-155 Ellison St Paterson City, NJ - Image 21153-155 Ellison St Paterson City, NJ - Image 22153-155 Ellison St Paterson City, NJ - Image 23153-155 Ellison St Paterson City, NJ - Image 24153-155 Ellison St Paterson City, NJ - Image 25153-155 Ellison St Paterson City, NJ - Image 26153-155 Ellison St Paterson City, NJ - Image 27153-155 Ellison St Paterson City, NJ - Image 28153-155 Ellison St Paterson City, NJ - Image 29153-155 Ellison St Paterson City, NJ - Image 30153-155 Ellison St Paterson City, NJ - Image 31153-155 Ellison St Paterson City, NJ - Image 32153-155 Ellison St Paterson City, NJ - Image 33153-155 Ellison St Paterson City, NJ - Image 34153-155 Ellison St Paterson City, NJ - Image 35153-155 Ellison St Paterson City, NJ - Image 36
Presented By: NICHOLAS REAL ESTATE AGENCY; 973-340-1202
  • MLS# 3982663
  • 08/21/2025
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 9
  • SQFT • 5,300

Home Details

9 units building in the Heart and desirable downtown Paterson with many updates. 9 Units consist of 5 residential apartments and 4 commercials. Just recently obtain green card. No jostle just collect rent. There are 1 empty unit just waiting to be rented as you wish. Most of the tenants are a month to month. 1 unit 3 Bedrooms, 2 units are 2 bedrooms and 2 units 1 bedrooms. All of the apartments are huge in sizes. This is a true and very good investment
Presented By: NICHOLAS REAL ESTATE AGENCY; 973-340-1202

Interior Features for 153-155 Ellison St

Bathrooms

Num Units w/Full Bath6
Num Units w/Half Bath3
Half Baths9

Other Interior Features

Price Per Sq Ft15.00
Available Sq Ft5300
Num 3 Bdrm Units1
Num 2 Bdrm Units2
Num 1 Bdrm Units2
BasementFinished-Partially, Full
FlooringLaminate, Tile, Wood
Fuel TypeElectric, Gas-Natural, Oil Tank Above Ground - Outside
Total Stories3

General for 153-155 Ellison St

ConstructionBrick/Block
Cooling1 Unit, Central Air
CountyPassaic
DirectionsBetween Colt St and Church St
Documents AvailableFinancial Statement, Income & Expenses
DriveNone
EasementUnknown
Equipment AvailableAppliances, Fire Alarm, Smoke Detector
Farm AssessmentNo
Gross Income134400
Heating2 Units, Radiant - Electric
Leasable Area3000
Lease IncludesBuilding Insurance, Building Maintenance, Common Area Maint, Sewer, Taxes, Water
Lease Information1 Year Minimum, 3-5 Year Minimum
Lease TypeNet
LocationBusiness District
Net Operating Income64200
Num Apts5
Number Of Units Total9
Operating Expense70200
OwnerPaysHot Water, Maintenance-Common Area, Repairs, Sewer, Water
OwnershipFee Simple
Possession0
Property TypeStore With Apartment
Property TypeStore With Apartment
RoofFlat, Rubberized
SewerPublic Sewer, Sewer Charge Extra
Standard StatusActive
StatusActive
Tax Annual Amount48907
Tax Assessed Value997500
Tax Lot14
Tax Year2023
Tenant PaysCable T.V., Electric, Heat
Town #2508
TownshipPaterson City
UtilitiesAll Underground, Electric
Utilities Paid ByTenant
Year Built1900
Zoningcommercial

Exterior for 153-155 Ellison St

Building Area Total5300
Exterior DescriptionBrick/Block
Lot Dimensions50X106
Lot FeaturesLevel Lot
Lot Size Acres0.12
Max Ceiling Height11
Max Door Height80
Number of Bays0
Number of Docks0
Water SourcePublic Water, Water Charge Extra

Additional Details

Price History

Tina Torres

Broker/Owner
Price $1,990,000
MLS#3982663
List Date 08/21/2025
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 153-155 Ellison St

Get Pre-approved